Monolithic Power Systems (MPWR) Tops Q3 EPS by 1c
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Oppenheimer Remains Bullish on Monolithic Power Systems (MPWR) Following 3Q
November 1, 2016 10:11 AM EDTOppenheimer reiterated an Outperform rating and $88.00 price target on Monolithic Power Systems (NASDAQ: MPWR) following the company's 3Q earnings report. Industrial grew 23% Y/Y in 3Q, led by auto and smart metering. Storage/Compute grew 30% Y/Y driven by Server and high-end NB. MPWR... More
Needham & Company Reiterates Buy on Monolithic Power Systems (MPWR) Following 3Q Beat
November 1, 2016 6:43 AM EDTNeedham & Company reiterated a Buy rating and $87.00 price target on Monolithic Power Systems (NASDAQ: MPWR) following the company's 3Q earnings report. MPWR delivered better than expected revenue of $106.5MM, above the midpoint of guidance of $104-108MM and above our and consensus estimates of $106.0MM.... More
